Core Insights - Vision Marine Technologies Inc. has announced the development of Project Pelagos, an AI-driven customer intelligence and revenue operations platform for its retail subsidiary, Nautical Ventures [1][4] Group 1: Project Pelagos Overview - Project Pelagos aims to enhance execution, coordination, and customer experience within the Nautical Ventures retail network by integrating AI into sales and aftersales operations [2][5] - The platform will connect various traditionally disconnected systems, such as Dealer Management Software and team communications, into a unified environment to improve revenue execution and customer experience [3][4] Group 2: Strategic Importance - The initiative is a key part of Vision Marine's strategy to create a vertically integrated model that combines technology, retail, service, and customer access, focusing on scalability and operational discipline [4][6] - Project Pelagos is designed to provide an AI-assisted customer intelligence layer that analyzes engagement patterns to support opportunity prioritization and improve internal workflows while maintaining human judgment [5][6] Group 3: Development and Future Plans - Project Pelagos is currently under active development, with a phased rollout planned for 2026 across Nautical Ventures' sales and customer operations [7] - The integration of AI is expected to enhance operating leverage within the retail platform, leading to more efficient sales execution and consistent performance as the network expands [6][7]

Specter to be Showcased at Major North American Boat Shows MONTREAL, Feb. 2, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company") an electric marine technology company specializing in high-voltage marine propulsion, together with its recently acquired retail network, Nautical Ventures, an award-winning Florida- based dealership group, today announced the launch of Specter, a flagship electric 26'6" tritoon platform that will be showcased at major North Ameri ...

Core Viewpoint - Vision Marine Technologies Inc. has reported significant operational improvements, including its first positive operating cash flow quarter, driven by the integration of Nautical Ventures Group and operational efficiencies [2][7]. Financial Performance - The company generated $1.9 million in cash from operating activities for the quarter ended November 30, 2025, marking a notable shift from previous cash consumption [2]. - Total revenues for the quarter reached $15.7 million, a substantial increase from $0.1 million in the prior-year period, primarily due to the expanded U.S. retail platform following the acquisition of Nautical Ventures [4]. - Gross profit for the quarter was $4.2 million, representing a gross margin of 27% [4]. - The net loss before taxes was $4.3 million, compared to a loss of $1.1 million in the prior-year period, influenced by the strategic acquisition of Nautical Ventures [5]. - The EBITDA loss for the quarter was $2.3 million, slightly higher than the $2.0 million loss in the prior-year period, primarily due to the inclusion of Nautical Ventures' results [6]. Liquidity and Capital Structure - As of November 30, 2025, the company reported cash of $2.3 million and a working capital surplus of approximately $4.7 million, excluding $9.6 million in gross proceeds from equity financing completed on December 19, 2025 [3]. - The positive operating cash flow and recent equity financing are expected to strengthen the company's liquidity profile as it executes operational optimization initiatives [3][7]. Strategic Focus and Outlook - The company aims to achieve EBITDA-positive and cash-flow-positive operations as quickly as possible to enhance long-term shareholder value [2]. - Key priorities for fiscal 2026 include strengthening core operating fundamentals, cash-flow generation, margin improvement, and balance-sheet resilience [8]. - Planned initiatives include completing the integration of Nautical Ventures, monetizing non-core real-estate assets, optimizing inventory levels, and expanding aftersales and maintenance programs [13].

Core Viewpoint - Vision Marine Technologies Inc. has announced a 1-for-40 reverse stock split to increase the per share market price and comply with Nasdaq's minimum bid price requirement of $1.00 [3][4]. Group 1: Reverse Stock Split Details - The reverse stock split will reduce the number of issued and outstanding common shares from approximately 37,008,735 to about 925,218 shares [2]. - The reverse stock split is set to take effect on January 14, 2026, and shares will trade under the existing symbol "VMAR" [1][3]. - No fractional shares will be issued; shareholders will receive one whole share for any fractional interest [5]. Group 2: Impact and Adjustments - Proportionate adjustments will be made to the exercise prices and the number of shares underlying the Company's outstanding equity awards and equity incentive plans [4]. - The number of authorized common shares will remain limitless, and the par value of the common shares will not be affected by the reverse stock split [4]. Group 3: Company Overview - Vision Marine Technologies operates in the marine technology sector, providing premium boating experiences through its E-Motion™ high-voltage propulsion platform and Nautical Ventures retail network [7].

Core Viewpoint - Vision Marine Technologies Inc. has successfully closed a public offering of 32,000,000 units at a price of $0.30 per unit, generating gross proceeds of $9,600,000 before expenses [1]. Group 1: Offering Details - The offering consists of units that include one common share (or pre-funded warrant) and one-half of one warrant, with each whole warrant allowing the purchase of one common share at an exercise price of $0.375, expiring five years from issuance [1]. - ThinkEquity acted as the sole placement agent for this offering [2]. Group 2: Use of Proceeds - The proceeds from the offering will primarily be used for general corporate purposes, including inventory management, servicing floorplan lines of credit, general and administrative expenses, and prosecuting patent applications related to the E-Motion electric powertrain technology [2]. Group 3: Company Overview - Vision Marine Technologies is a leader in high-voltage electric marine propulsion systems and operates a multi-brand boat retail and service platform, providing premium boating experiences across both internal combustion and electric segments [3]. - The company offers an integrated ecosystem that spans propulsion, retail, service, and on-water consumer engagement through its E-Motion high-voltage propulsion platform and Nautical Ventures retail network [3].

Vision Marine Technologies Inc. (NASDAQ:VMAR) shares jumped 16.67% in after-hours trading to $0.28 on Thursday after pricing a best-efforts public offering.Check out the current price of VMAR stock here.In a best-efforts public offering, the underwriter agrees to sell as many shares as possible without guaranteeing a specific amount of proceeds.Offering DetailsThe marine technology and retail company priced 32 million units at $0.30 each, targeting gross proceeds of $9.6 million before fees, according to a ...

jetcityimage/iStock Editorial via Getty Images Listen below or on the go via Apple Podcasts and Spotify Activist investor Elliott takes over $1 billion stake in lululemon (LULU) - report. (00:26) Micron (MU) forecasts $100B HBM market by 2028 as supply tightness persists through 2026. (01:28) Hedge fund in talks to potentially buy Warner Bros. (WBD) TV assets, including CNN - report. (02:16) This is an abridged transcript. Elliott Investment Management has taken a stake in lululemon Athletica (LULU). ...

Core Viewpoint - Vision Marine Technologies Inc. announced a public offering of 32,000,000 units at a price of $0.30 per unit, aiming to raise gross proceeds of $9,600,000 before expenses [1][2]. Group 1: Offering Details - Each unit consists of one common share (or a Pre-Funded Warrant) and one-half of one Warrant, with each whole Warrant allowing the purchase of one common share at an exercise price of $0.375 [1]. - The offering is expected to close on December 19, 2025, pending customary closing conditions [1]. - The common shares and Warrants will be issued separately, but must be purchased together in even numbers [1]. Group 2: Use of Proceeds - The proceeds from the offering will primarily be used for general corporate purposes, including inventory management, servicing floorplan lines of credit, general and administrative expenses, and prosecuting patent applications for the E-Motion™ electric powertrain technology [2]. Group 3: Company Overview - Vision Marine Technologies is a leader in high-voltage electric marine propulsion systems and operates a multi-brand boat retail and service platform [1][4]. - The company offers an integrated ecosystem that spans propulsion, retail, service, and on-water consumer engagement through its E-Motion™ propulsion platform and Nautical Ventures retail network [4].

Core Viewpoint - Vision Marine Technologies Inc. is experiencing significant stock volatility, primarily due to a dilutive offering that has triggered a selloff in its shares [2][6]. Group 1: Stock Performance - Shares of Vision Marine Technologies fell 13.43% to $0.84 in after-hours trading on Tuesday [1]. - The stock has decreased 93.54% year-to-date, with a market capitalization of $4.89 million [6]. - The shares have traded within an annual range of $0.37 to $38.60, indicating extreme volatility [6]. Group 2: Offering Details - The company filed an amended Form F-1 registration statement to offer up to 15.09 million common units at an assumed price of $0.53 per unit [2]. - Each unit consists of one common share and one-half of one common warrant, with the warrants having an exercise price of $0.6625, which is 125% of the assumed public offering price [3]. - The offering is set to terminate on December 31, and ThinkEquity LLC is acting as the exclusive placement agent on a best-efforts basis [5]. Group 3: Trading Metrics - During regular trading on Tuesday, VMAR stock surged 156.77%, closing at $0.98 [6]. - Benzinga's Edge Stock Rankings indicate that VMAR stock has a negative price trend across all time frames [7].

As filed with the United States Securities and Exchange Commission on December 15, 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM F-1 Amendment No. 1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 VISION MARINE TECHNOLOGIES INC. (Exact name of registrant as specified in its charter) Québec 3730 N/A (State or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer incorporation or organization) Classification Code Number) Identification Number) 730 Boul ...